
City Office Market Watch
"May sees an uptick in the level of requirements, although more are being placed on hold"
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"May sees an uptick in the level of requirements, although more are being placed on hold"

"High levels of pent-up underlying demand remain despite slow pace of leasing activity"
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"Inevitable drop in take-up for April, although still a significant amount is under offer in the City"

"Take-up drops amidst Covid-19 uncertainty, whilst space under offer remains at a high level"
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"Q1 take-up was 72% above the Q1 five-year average; however, the largest two transactions were low-value sales"

"What happened to core office rents during the Global Financial Crisis?"

"City was seeing a strong first quarter until the lockdown began last month"
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"Lowest Q1 take-up in twelve years with transactional activity down a third on the long-term average"

"Low vacancy rates and a constrained pipeline will result in rental growth across London over the next five years"
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"Rising rents in the City as we see a new annual record for the number of deals over £70.00/sq ft"